24 Arnold Street, Lincoln, RI 02865 - Photo 1

1/1

$640,000

Sold
Closed
Multi-Family
3 Units
7 Total Beds
0.25 Acres
2 Car Garage
Updated 8 days ago

1/1

Property Description

Great opportunity for owner occupant and investor alike. This income-generating 3-unit property offers strong rental potential in the desirable Lonsdale area of Lincoln. Great location: walking distance to Lincoln Shopping Center plaza, close to highways and Blackstone River Bike Path. Situated on an oversized lot featuring a spacious yard, off-street parking for six vehicles, and a detached two-car garage ideal for additional rental income, a workshop, or tenant storage. Updated heat & electric, brand new hot water tanks, updated gutters and brand-new driveway. Dry basement for laundry and storage. However, property interior is dated and needs updating. Earn sweat equity, live in one unit while updating the others. Two units are rented currently.

Full Property Details

Full Property Details for 24 Arnold St

General

Sold For: $640,000
Taxes: $6,448 (2025)
Status: Closed
Type: Multi-Family
Source: STWMLS
MLS ID: 1404565
Added to Site: 101 day(s) ago

Interior

Number of Rooms: 15
Appliances: Gas Water Heater
Flooring: Ceramic Tile, Hardwood, Laminate, Other

Rooms

Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

Bedrooms

Total Bedrooms: 7

Parking

Garage: Yes
Garage Spaces: 2
Covered Spaces: 2
Total Spaces: 8
Parking Features: Detached, Garage

Location

County: Providence

Heating & Cooling

Cooling Type: None
Heating Type: Baseboard, Gas

Utilities

Sewer: Public Sewer
Water: Public

Structural Information

# Buildings: 2
Architectural Style: Stacked
Detached/Attached: Detached
Construction: Clapboard
Basement: Yes
Basement Desc.: Exterior Entry, Full, Interior Entry, Unfinished
Windows: Storm Window(s)
Doors: Storm Door(s)
Stories/Levels: 0
Building Size: 2844
Finished Total: 2,844 Sq. Ft.
Finished Above Grnd: 2,844 Sq. Ft.
Year Built: 1877

Lot Features

Lot Size (Acres): 0.25
Lot Size (Sq. Ft.): 10,890
Lot Size: 10890

Financial Considerations

Tax Amount: $6,448
Tax Year: 2025

Disclosures and Reports

Property ID: 24ARNOLDSTLINC
Lot Number: 187

Listed by Equinox Properties
Sold by Re/Max Real Estate Center

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Schools

Schools serving 24 Arnold St

School District:Lincoln School District, Lincoln, RI

Name	Grades	Distance
Lonsdale Elementary School 270 River Road, Lincoln, RI 02865	PK-5	0.4 mi
Lincoln Middle School, Lincoln, RI 152 Jenckes Hill Road, Lincoln, RI 02865	6-8	3.4 mi
Lincoln Senior High School 135 Old River Road, Lincoln, RI 02865	9-12	3 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 24 Arnold St

Date

Details

Price

Change

Source

5/12/2026

Sold

$640,000

0.02%

MLS

3/13/2026

Price Reduced

$639,900

-1.54%

MLS

2/27/2026

Price Reduced

$649,900

-4.22%

MLS

2/09/2026

Listed

$678,500

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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24 Arnold Street, Lincoln, RI 02865 (MLS# 1404565) is a Multi-Family property that was sold at $640,000 on May 12, 2026. Want to learn more about 24 Arnold Street? Do you have questions about finding other Multi-Family real estate for sale in Lincoln? You can browse all Lincoln real estate or contact a Coldwell Banker agent to request more information.

24 Arnold St Lincoln, RI 02865